1023 Meadowlands Drive
Mooneys Bay - Carleton Heights and Area, ON
- 7 bed
- 3 bath
- approx. 2000-2500 sqft
- Duplex
- 44 days on market
GREAT INVESTMENT OPPORTUNITY!! Welcome to this TWO 3-bedroom units DUPLEX WITH BASMENT SUITE UNIT, LARGE DRIVEWAY, PRIVATE YARD, ON SITE LAUNDRY.Step up from the front entrance to the main level, where you'll find the bright and spacious living room flows into a clean, well-maintained kitchen, while three generously sized bedrooms provide comfortable living space for the whole family. A private balcony off the main level offers convenient access to the fully fenced backyard, perfect for relaxing or outdoor enjoyment. The second level offers the same functional layout as the main floor, featuring three good-sized bedrooms, a bright and inviting living room, and a clean, well-equipped kitchen. The fully finished basement features a spacious suite complete with a full bathroom with private exterior entrance, offering excellent flexibility for extended family, guests, or rental income. This property is a rare find in such excellent condition both inside and out. This home is within walking distance to shopping, restaurants, and public transit, and just a short commute to Carleton University, Hog's Back Park, and Mooney's Bay Park. Direct public transit to Carleton University and Algonquin College is conveniently available right outside the property.Currently, the property is fully rented to long-term tenants, generating approximately $60,000 in annual rental income. It's a rare chance to own a cash-flowing property in the heart of Ottawa, with both strong rental income and excellent future potential. Don't miss this rare investment opportunity! Book your private showing today and discover everything this exceptional property has to offer.
Listing Details
- Taxes (2025)
- $4,724
- Listed
- August 7, 2026
Price History
Property
- Style
- 2-Storey
- Construction
- Stucco (Plaster), Brick
- Roof
- Asphalt Shingle
- Foundation
- Concrete
- Interior
- Guest Accommodations
- Lot Size
- 88.82 x 105 Feet
Parking
- Garage
- None
- Covered Spaces
- 0
- Total Parking
- 6
Utilities
- Sewer
- Sewer
- Heat Source
- Gas
Location & Legal
- Cross Street
- Meadowlands West of Prince of Wales
- Parcel Number
- 040820030
- Possession
- 30-59 days
- Occupancy
- Tenant
Included
- Rental Items
- 1 Coin-operated washing machine and 2 Hot Water Tank
Schools
Secondary
- St Pius X High School0.4 km
Catholic · Ottawa CSB · 890 students
Grade 10 literacy: 84% met the provincial standard
- École secondaire publique Omer-Deslauriers1.8 km
French public · CÉP de l'Est de l'Ontario · 325 students
Grade 10 literacy: 88% met the provincial standard
- Brookfield High School2 km
Public · Ottawa-Carleton DSB · 650 students
Grade 10 literacy: 79% met the provincial standard
Elementary
- St Augustine Elementary School0.5 km
Catholic · Ottawa CSB · 300 students
Grade 3 reading: 80% met the provincial standard · Grade 6 math: 60% met the provincial standard
- St Rita Elementary School0.6 km
Catholic · Ottawa CSB · 380 students
Grade 3 reading: 70% met the provincial standard · Grade 6 math: 64% met the provincial standard
- Carleton Heights Public School0.7 km
Public · Ottawa-Carleton DSB · 505 students
Grade 3 reading: 37% met the provincial standard · Grade 6 math: 18% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area K2C
- Population
- 29,359
- Private dwellings
- 13,056
- Median age
- 38
- Average household size
- 2.3
- Median household income
- $86,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Residential Freehold in Mooneys Bay - Carleton Heights and Area · last 12 months
- Median sold price
- $446,000
- Homes sold
- 76
- Median days on market
- 31
- Sale-to-list price
- 96.0%
Based on 76 recorded sales of residential freehold properties in Mooneys Bay - Carleton Heights and Area over the last 12 months.
Rooms
3 × 3-piece
Second
- Bedroom11'5" x 9'7"
- Bedroom13' x 10'
- Bedroom13' x 10'5"
- Kitchen11'5" x 10'
- Living Room14'1" x 11'4"
Main
- Bedroom11'5" x 9'7"
- Bedroom13' x 10'5"
- Bedroom13' x 10'
- Dining Room11'5" x 7'
- Kitchen11'5" x 10'
- Living Room14'1" x 11'4"
Lower
- Laundry
Basement
- Bedroom23' x 21'
Listed by
HOME RUN REALTY INC.
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Mortgage Calculator
$189,000
Estimated Monthly Payment
$4,643
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $4,643/mo (20% down, 5.5%)
Taxes: $394/mo · Insurance: $236/mo
Estimates only. Consult a financial advisor.
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